Sounds awful. What better way to make your employees feel like a replaceable cog than to strip any personality from their work environment.
They seem to be getting caught up in scandal after scandal every time some news about something shady going on in the financial industry, the first thing I look for in the article is the letters 'UBS'.
Maybe I'm being too negative/tin-foil-hat here.
Anything that needed a longer persistence had to be typed-up into a document and stored in Sharepoint, which was more manageable in terms of legal discovery than individual e-mails.
> Inside, UBS has significantly reduced the number of individual offices, by about 40 percent. None sit against the windows, allowing light throughout the building.